We don’t need no stinkin strategy

If you had a company that had lost $617 million in 2007 and then another $1.23 billion in 2008, would you invest in it? Would you consider it a sound company? Would consider it’s CEO and board of directors to be competant? Should a company like this even be in business with losses like that? Would you think a company like this has a strategy? Any chance of survival?